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Affordable
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These days, finding an affordable place to live in the Revere area can be challenging. Home prices in Revere are now at a median cost of $119,661, lower than the Minnesota average of $345,793.
The average cost of rent is $741/mo in Revere, primarily driven by the current value of real estate in the Revere area. In Revere, 22.00% of households rent, and 57.20% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Revere is $5,020 per month. Households that rent pay about 14.76% of their income on rent here. Revere’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Lamberton, MN: equally priced homes
- Walnut Grove, MN: higher priced homes
- Wanda, MN: higher priced homes
- Westbrook, MN: equally priced homes
- Sanborn, MN: equally priced homes
- Storden, MN: higher priced homes
- Jeffers, MN: equally priced homes
- Tracy, MN: higher priced homes
- Dovray, MN: higher priced homes
- Lucan, MN: higher priced homes
Cities with Similar Populations
- Rock Creek, IA: higher priced homes
- Sanford, TX: higher priced homes
- Sandusky, TX: higher priced homes
- Sand Bluff, OK: higher priced homes
- Salemville, PA: higher priced homes
- Salem Center, IN: higher priced homes
- Saddlebrooke, MO: higher priced homes
- Ryot, PA: higher priced homes
- Ryde, PA: higher priced homes
- Ryceville, MD: higher priced homes
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